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Data / Mayer multiple / 2018
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2018 at 2.17× (January 1, 2018) and closed at 0.63× (December 31, 2018), down 70.9%. The high was 2.48× on January 8, 2018 and the low 0.52× on December 14, 2018.
| Month | Month end |
|---|---|
| January 2018 | 1.37× |
| February 2018 | 1.18× |
| March 2018 | 0.79× |
| April 2018 | 0.95× |
| May 2018 | 0.73× |
| June 2018 | 0.62× |
| July 2018 | 0.96× |
| August 2018 | 0.89× |
| September 2018 | 0.90× |
| October 2018 | 0.88× |
| November 2018 | 0.60× |
| December 2018 | 0.63× |
How far the price sits above or below its 200-day average. Under 1, bitcoin is below its trend; historically, buying below 1 has beaten buying above it over any long horizon. Readings over 2.4 have only occurred in the late stage of bull markets.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2018: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price